375 Ocean Avenue
About This Property
Step inside to find gleaming hardwood floors throughout and an inviting layout perfect for entertaining or everyday living. The updated eat-in kitchen features granite countertops, stainless steel appliances, large pantry and ample cabinet space-ideal for the home chef. Enjoy year-round comfort with central air conditioning, efficient natural gas heating and 2 Fireplaces! Wood burning & natural gas fireplace.
The home boasts four spacious bedrooms, including a primary suite with its own private bath. A heated and cooled sunroom provides additional living space, perfect for relaxing or hosting guests.
Outside, your backyard oasis awaits. Dive into the sparkling in-ground pool surrounded by elegant pavers, creating the perfect setting for summer gatherings. Entertain on the deck and fire pit for day and nights with friends and family. The property also includes a two-car garage for convenience and storage.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Feb 8, 2026 | Price Decreased |
$1,049,000
↓ $26K
(2.4%) | |
| Price Decreased | |||
| Jan 13, 2026 | Relisted | $1,075,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017